The billionaires somehow think their current wealth protects them from a hungry mob. I really don't understand tbe reasoning.
Further, they still focus on a geographically based monarchy, which is stupid when you could have a federal platform handle the geography issues and evolve the nonessential services to subscriptions provided by any sort of group: multinational, union, church, local community, legacy geographic states and cities, etc.
The focus of any movement from status quo must be in terms of improvement of lives and capacity to handle global challenges, like global warming, space mining and settlement, etc.